Post by twetch#200

1JhKv5…y2UL Key · twetch

Miners follow profit, not price.

What chain is most profitable to mine long term? #bitcoin #BSV

What the chain says
Block
660 262
Time
2020-11-07T13:00:45Z
Signer
1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#200

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL Verified

Replies (5)

12q8jE…C4We Key · twetch
Replying to@1JhKv5…y2UL

Thing is kurt "until" that is proven then price slides. Tx per block rate still sub 10. There needs to be a critcal mass/ biting point. That i hope as per @9492 presentation at Coingeek presentation is in Q1 2021 - maybe EHR Data traffic

1JhKv5…y2UL Key · twetch
Replying to@12q8jE…C4We

Yes, we need average block size to be gigabytes at least, before the subsidy is replaced. Behind the scenes, that volume is being procured, but big business moves slowly compared to nimble start ups!

1EzXMD…yKaw Key · twetch
Replying to@1JhKv5…y2UL

I think BSV. But BTC is miles ahead in that regard.

1JhKv5…y2UL Key · twetch
Replying to@1EzXMD…yKaw

I picture rockets on a race to Mars. BTC is way ahead, but nobody is out of the atmosphere yet, and BSV is the only rocket with enough fuel for the journey.

1DR6AY…WG5g Key · twetch
Replying to@1JhKv5…y2UL

Yeah, this is so clear when you take the time to look into the tech. I'm not certain bsv will make it to Mars for other reasons entirely, but the facts remain.